Media Advisory: Transforming Guyana, Episode VIII: Investment Security in Guyana

Production of the Guyana Business Journal & Caribbean Policy Consortium.

January 17, 2023

MEDIA ADVISORY: Transforming Guyana, Episode VIII: Investment Security in Guyana

Speakers:

  • Terrence Blackman: Founder, Guyana Business Journal
  • David E. Lewis: VP, Manchester Trade Ltd. Inc. & Fellow, Co-Chair, Caribbean Policy Consortium
  • Komal Samaroo: Executive Chairman of Demerara Distillers Limited
  • Patricia Francis: Chairperson of Trade Facilitation Task Force & fmr Executive Director ITC, fmr President JAMPRO
  • Scott MacDonald: Caribbean Policy Consortium, and chief economist at Smith’s Research & Gradings
  • Andrew Schnitzer da Silva: CCO, Ascending Ltd., Workforce, Marine, Technical Training and Procurement

Key Quotes

  • Scott MacDonald:
    • “While a lot of other countries are struggling, Guyana is moving in the right direction. Guyana is transforming and transformation is not an easy process.”
    • “Guyana is definitely on the map for foreign investment, it is attracting it within Latin America and we’re talking about a country with less than a million people. Guyana came in seventh in 2021 in terms of foreign investment. For a small country on the shoulder of South America, Guyana in many regards is punching above its weight.”
    • “It’s key to have awareness of what’s going on in the global economy, where you are, and in other words to put it mildly don’t get cocky Guyana. You’ve had a lot of success, you’ve moved ahead, you’re transforming the economy, you’re getting a socio-economic facelift but don’t get cocky about it because we live in a very competitive world.”
    • “As we’re doing the great energy shift globally, it’s critical Guyana moves to develop non-fossil fuels sectors, that goes from small medium-sized enterprises, offshore office centers, BPOs, the whole range of industry; but there’s no reason why Guyanese companies can’t issue forth from Guyana.”
    • “There’s a shopping list that goes with the vision thing for Guyana, that is the policy mix of improving education, development of human capital is critical, diversification from non-oil sectors, promotion of foreign direct invest but also promotion of local investment. We want to see a more competitive private sector in Guyana and I think that’s very critical.”
    • “Guyana’s transformation is definitely in motion, it has critical momentum, but the trick going forward is how do you keep the momentum, how do you keep those reforms going and how do you main the consensus in Guyanese society that this is the vision of where we want to go. I think the prospects are very good for Guyana, but there’s a lot of challenges that sit here.”
  • Andrew Schnitzer da Silva:
    • “What I see happening in Guyana is in a way much different from what I saw happening in the beginning of the century in Angola and what I am experiencing right in Mozambique, there is willingness to transform and to create better ways to attract investors, but at the same time I feel that on the ground there is still a lack of understanding of the huge impact that this discovery can entail. There is still not a clear understanding of all the requirements and of all the efforts that need to be made in order to attract foreign investment.”
    • “There is some sense of fear that maybe the foreign investors are going to keep the whole ‘gold’ in the gold rush, so there is also still some weariness into how to accept and to how to collaborate with foreign investors coming. It is difficult to penetrate and I think that happens naturally.”
    • “Guyana does have a small population, does have a huge task ahead of itself and it could profit a lot from creating collaborative ways of investing in developing its infrastructure, in developing its resources, and in looking at digging up the ‘gold’ a lot quick than it will be able to do by wanting to do it by itself.”
  • David E. Lewis:
    • “So there’s that risk and that danger that all this focus on the oil and gas crowds out the reality of the need to do the basic day-to-day homework of modernizing the economy, streamlining bureaucratic and regulatory procedures, and really get beyond and overcome still what I would call ‘hangover’ of the 60s and 70s and that state-controlled period. The view that there’s nothing good about what has been the experience of Guyana with foreign investors. I think you know that is still a work in progress and to the degree that we can begin to focus more on some of these new success stories beyond oil and gas.”
  • Komal Samaroo:
    • “Because we did not have a competitive environment, local production became a challenge, we could not compete against imports coming in, the cost of power, the shortage of skills, the lack of capital. I believe that with the situation where power cost is going to come down, infrastructure is being put in place and where there is more availability of capital, I think companies are looking to invest in areas that result in products that previously were imported can be available locally.”
  • Patricia Francis:
    • “Certainly with respect to the regional artists, I think this is probably one of the most important of this opportunity of Guyana. I think Guyana’s very small population cannot actually grow in this on a global basis unless they somehow integrate into the region, and by that I don’t only mean CARICOM I also mean South America because as things begin to transform and move there is going to be need for the industry to come out and [speak] about can it live on 800,000 people or does it need to expand into other markets.”
    • “Any of the industries that you’re talking about […] the infrastructure to support those and the kind of ecosystem on which you build those industries is going to be critical and important, so once you start talking about producing for a global market you’ve got to think about how [you’re] going to move those goods or how you’re going to move those goods by sea or by air.”
    • “I think also again the local content act recognizes this to a large extent, but I think the government has certainty that this is going to be a moving target as they build capacity, both huge physical and also institutional in order to support industries as they move forward.”

Terrence Blackman, Ph.D., Founder & CEO Guyana Business Journal terrence.blackman@guyanabusinessjournal.com

Dr. David E. Lewis, Fellow and Co-Chair, Caribbean Policy Consortium DavidLewis@ManchesterTrade.com

MEDIA ADVISORY: Transforming Guyana, Episode VII: Guyana’s Indigenous Peoples and the Oil and Gas Economy

Production of the Guyana Business Journal & Caribbean Policy Consortium.

December 19, 2022

MEDIA ADVISORY:

Transforming Guyana, Episode VI: Guyana’s Indigenous Peoples and the Oil and Gas Economy

Recording Available Here:  

Key Quotes

Speakers:

  • Terrence Blackman: Founder, Guyana Business Journal
  • David Lewis: VP, Manchester Trade Ltd. Inc. & Fellow, Caribbean Policy Consortium
  • Sydney Allicock: Former Vice President, Guyana & Minister of Indigenous Peoples’ Affairs
  • Florence Alexi La Rose: Consultant, Sustainable Development, Community Building, Rural Development, Indigenous Peoples
  • Trevon Baird: Lecturer, Department of Language and Cultural Studies, University of Guyana. Coordinator, Amerindian Research Unit
  • Charlene Wilkinson: Lecturer, Department of Language and Cultural Studies, University of Guyana. Coordinator, Guyanese Languages Unit

Relevant Quotations:

  • Dr. David E. Lewis:
    • “There is a need for a wholistic and integrated approach to economic and social development in a way that provides effective participatory integration of the various Indigenous nations and communities in Guyana, which hither to have been to one degree or another not central part of development initiatives of past governments.”
    • “We hope that this will lead into more discussions in the future to really leverage the opportunities that Guyana has now to really be cutting-edge examples of how to integrate Indigenous nations into this process and make sure that the resource availability is there to jumpstart and support the development needs of these communities, not only at the national level but particularly at regional and local levels.”
  • Sydney Allicock:
    • “For us as Indigenous peoples the time is right and it’s now our opportunity to get to that point of being able to manage our affairs. I am truly grateful for this opportunity to talk about the involvement of the Indigenous peoples in the oil economy and the environment.”
    • “I would like to say this is a lot of money you’re talking about and it’s a great opportunity to which we need to focus and be able to develop the plan, a plan of action, a plan that will give us not only sustainability but regenerative operations especially with regards to mother nature from where all oil and diamonds have come. […] This is an opportunity for us to have this plan of action that will allow each and every Guyanese to benefit, but more so for us who have been in the hinterland taking care of mother nature while mother nature’s taking care of us—to step up and say exactly how we should be able to manage our development with the support of the new found riches of oil and the carbon credits.”
    • “Train people in banking, project managements, industries in various regions. We need to have a group of special youths studying the environment and natural resources so we can follow what we’re receiving and what direction we should take.”
  • Florence Alexi La Rose:
    • “In the context of oil and gas, there are three things that stands out as necessary to ensure the Indigenous population of Guyana are integrally involved in the process: education, training, and access.”
    • “When we talk about education and training, how can we benefit from revenues to upgrade education and training facilities and opportunities available to the hinterland communities? How can oil and gas training be made equally available to hinterland residents? Because of the challenges such as communication, they’re often the last to know about these trainings and opportunities or perhaps only a select few may be aware of what’s happening.”
    • “When we talk about access, we’re talking about access to critical information that will inform those opportunities that are available [like] access to opportunities to know when they arise and how to tap into these opportunities? The oil and gas sector does not only require person to drill the oil, there are many other opportunities that support the sector.”
  • Trevon Baird:
    • “I believe if we are to integrate Indigenous peoples into this transformation that we envision oil wealth will bring to our nation, we have to be prepared to be open-minded about what development is, and recognize the definition might vary across cultural groups.”
  • Charlene Wilkinson:
    • “When we talk about people owning their communities and owning the direction in which their lives are to go we cannot leave out the issue of language.”
    • “We are moving in the right direction, and I can’t be a hypocrite to say leave the oil in the ground.”
    • “So what I’m suggesting is that you have 10% of Guyana’s population, fastest growing population [Indigenous], it is something we should rejoice about. If we have that population recognized for the validity they bring to other ways of seeing and other ways of living through their languages, and make that our national project.”
    • “I think we can claim an element of settler and element of Indigenous, by really understanding and learning from our Indigenous peoples, so that those literatures that are created in the future […] that the whole universe or several universes of literature can be our future where the Guyanese people take the oil money and turn it into something beautiful.”

Terrence Blackman, Ph.D., Founder & CEO Guyana Business Journal terrence.blackman@guyanabusinessjournal.com

Dr. David E. Lewis, Fellow and Co-Chair, Caribbean Policy Consortium DavidLewis@ManchesterTrade.com

Forum in South Florida to discuss ways to channel Guyana’s massive oil and gas windfall

Guyana is projected to be the world’s fastest-growing economy in 2022 and for many years more

By

Doreen Hemlock

Since massive oil reserves were discovered off its shores in 2015, the small nation of Guyana on South America’s northern coast has seen its economy take off. Economic growth topped 43 percent in 2020, 23 percent in 2021 and was poised to exceed 50 percent in 2022, making Guyana likely the world’s fastest-growing economy this year, according to the International Monetary Fund.

But how can the sparsely populated nation next to Venezuela bring the greatest benefit to its people and avoid the “curse of oil” that has sparked corruption and inequality in some petrostates?

That’s among the questions to be discussed at an event Dec. 14 in South Florida, organized by several Guyanese groups in the US. The hosts aimed to engage the Guyanese diaspora to help their Caribbean homeland find the best ways to channel Guyana’s newfound oil and gas wealth for the common good. Similar events have already been held in New York City’s Queens and Brooklyn, says Terrence Blackman, a longtime academic at City University of New York. He recently founded the Guyana Business Journal & Magazine blog and webinar series, which is helping organize the event.

“What is needed is a sober, calm conversation among all Guyanese across racial lines, across class lines, and we’re trying to provide a forum for that,” says Blackman, referring to sometimes tribal politics of Guyana, where the two main parties are split mainly along racial lines between descendants of enslaved Blacks and indentured East Indians. “We want to take the conversation outside of the political cauldron.”

Blackman is especially keen on improving education in Guyana, so locals can find good jobs not only as engineers or technicians in the oil-and-gas industry but also in the many businesses that will develop from oil and gas: transportation, trade, hotels, facilities management and more.

“You have to build that capacity, because businesses require it,” says Blackman. If people in Guyana can’t fill jobs, others will be brought in, with the potential to disrupt society in the nation of some 800,000 people, he says. “And this is where I think the diaspora is important. You have at least 400,000 Guyanese overseas with expertise in various areas… And we need some clear understanding how you source that capacity first from the Guyanese diaspora and then from beyond.”

Natasha Gaskin-Peters already is working on ways to help local Guyanese companies become more competitive and cash in on the oil-and-gas boost windfall. A PhD economist, she leads the five-year-old Centre for Local Business Development in Guyana. It’s part of an initiative funded by Stabroek Block partners ExxonMobil, Hess and China’s CNOOC, to strengthen local firms to supply the oil sector and beyond.

Gaskin-Peters says the Centre is focusing on training and mentoring to bring Guyanese companies up to international standards, helping boost their internal systems, documentation, and quality controls to become certified in such programs as ISO9001 or the American Petroleum Institute’s QI. It’s assisting a broad range of local companies, mostly small and medium-sized, in industries as diverse as construction, logistics, food catering and welding, she says.

“Guyana’s key focus is diversification,” says Gaskins-Peters, who will visit Florida to speak at the Dec. 14 seminar. “Prior to oil-and-gas, we were an agriculture-dominated country, with mining playing a huge part. Now, we’re looking to expand in agribusiness, use gas onshore to produce energy and reduce the cost of electricity, increase infrastructure projects … It’s really about utilizing the oil-and-gas sector to propel agriculture, industrialization and services to diversify for sustainable development.”

Revenues for diversification are significant. Guyana’s government likely will receive more than $1 billion this year from its share of oil and gas production and $7.5 billion in 2030 alone, as output rises, forecasts Norway-based Rystad Energy consulting firm. That should propel Guyana’s economy to grow by at least 25 percent yearly on average for the next decade and “continue to be the fastest-growing economy on the globe,” says Gaskins-Peters.

Wesley Kirton, president of the Florida-based Guyana American Chamber of Commerce, says he’s helping organize Wednesday’s event, responding to concerns among some in Guyana’s diaspora that they lack up-to-date information on what’s happening in their fast-transforming homeland.

“And we want to give our diaspora an opportunity to share their ideas on how the revenues from oil-and-gas can be used for the benefit of all people of Guyana,” adds Kirton.  

The Chamber leader is eager to see oil revenues channeled into agri-business, so that Guyana can not only reduce its own food import bill but also, supply food to fellow nations in the Caribbean Community (Caricom), trimming food imports from countries outside the group.

“The importance of food security manifested itself quite clearly during the pandemic and with the invasion of Ukraine, through supply-chain issues that decreased shipments and raised prices,” Kirton says. “Greater food exports from Guyana fits with Caricom’s objective to reduce the area’s food import bill by 25 percent by 2025.”

The Dec. 14 event, “Navigating a Changing Guyana,” is set for 4:30 to 7:30 pm at the Miramar Cultural Center, 2400 Civic Center Place in Miramar in Broward County. Speakers from Guyana and the US also feature Carl Greenidge, Guyana’s former foreign minister, plus professor and business consultant Jerry Haar, executive director for the Americas at Florida International University, among others.

To register for the free seminar and reception, call 305-968-8398 or email guyamcham@gmail.com. More than 100 people are expected to attend in person and more online.

Doreen Hemlock is a former business reporter for the Sun Sentinel covering energy, ports, and other topics. Born in New York and raised in the U.S. Virgin Islands, she worked 14 years in Peru, Venezuela and Puerto Rico for varied media. She holds an MBA from Columbia University and has been called “Gringa Latina” for her love of Latin America. Doreen has won several prestigious awards for her reporting over the years.

Navigating a Changing Guyana: Pathways to Prosperity

The Guyanese American Chamber of Commerce (GACC) and the Guyanese Business Journal & Magazine (GBJ), with the support of the Caribbean Policy Consortium, will host a public forum Navigating a Changing Guyana: Pathways to Prosperity in the Era of Oil and Gas, and cocktail reception on Wednesday, December 14th, 2022, from 4.30 p.m. at the Miramar Cultural Center, 2400 Civic Center Pl, Miramar, FL 33025, USA.

There’s no cost to attend. Please RSVP to guyamcham@gmail.com 

Join us for two hours and hear public and private sector leaders from Guyana and the Diaspora discuss Guyana’s future and its intersection with the oil and gas industry in Guyana. We anticipate that tens of billions of U.S. dollars will find their way to Guyana over the next two decades because of these growing industries. 

Find out how this could affect the country’s economy, the prosperity of people in Guyana, and the lives of the hundreds of thousands of Guyanese around the world.

Two panels will discuss:

  • Pathways to Economic Prosperity in Guyana: An Oil and Gas Perspective
  • Oil, the New Frontier for Guyana

Have your questions answered by The Guyanese Business Journal & Magazine (GBJ), The Guyanese American Chamber of Commerce (GACC), and The Caribbean Policy Consortium.

Speakers that have already been confirmed include:

  • Carl Greenridge, Former Vice President of Guyana
  • Riyad Insanally, Former Ambassador of Guyana to the USA
  • Ivelaw Griffith, Former Vice Chancellor, University of Guyana
  • Jerry Haar, Professor and Executive Director for the Americas, Florida International University
  • Natasha Gaskin-Peters, Director, Centre for Local Business Development, Guyana
  • Arthur Deakin, Director of Energy, Americas Market Intelligence
  • Joel Bhagwandin, Director, SphereX Professional Services
  • Onicka Jones, Public Relations Officer, The Private Sector Commission of Guyana Limited

Once again, the event will be held on Wednesday December 14th at 4:30 PM EST.

The address is 2400 Civic Center Place at the Miramar Cultural Center in Miramar, Florida.

Guyana News Updates, November 11-13, 2022

MEDIA ADVISORY:Transforming Guyana, Episode VI: Guyana’s Role in a world that still needs Oil – Guyana Business Journal Magazine + Caribbean Policy Consortium

Friday, November 11, 2022

Recording Available Here:  https://youtu.be/PEumcZ1ZDmo

Guyana Mental Health & Well-Being Conference 2022

November 15-18, 2022

An Emerging Energy Alliance: Europe, Latin America, and the Caribbean | AS/COA

Tuesday, November 15, 2022

With Hon. Vickram Bharrat M.P. , Minister of Natural Resources, Republic of Guyana

https://www.as-coa.org/events/emerging-energy-alliance-europe-latin-america-and-caribbean

Guyana/Venezuela Border Controversy

ICJ to hear oral submissions on Nov 17, 2022 from both countries

Caribbean Trade Review 2022 Event CWIT

Tuesday, 29th November 2022 @ 6pmAST

https://us02web.zoom.us/meeting/register/tZwvdOurpz0rGdH2dVn0HEFSPt5sypo4Jc2A

Caribbean ESG & Climate Financing Summit

Nov 29-30, 2022 in Trinidad

UWI SRC Lunch Time Chat – US/Caribbean Relations: Private Sector Engagement Paper & Webinar

Thursday, December 1, 2022 @ 1pm-2:30pm AST

Register here. https://zoom.us/webinar/register/WN_zYzex2N9T_WVxZ43xBvgtA 

Contact: NICHOLLS, Alicia – alicia.nicholls@cavehill.uwi.edu

Caribbean Energy, Oil & Gas Summit | CEOGS 2022

7-8 December 2022, Trinidad

https://ceogsummit.com/

The World’s Biggest Diasporas – Guyana 36%, Jamaica 28%

https://www.forbes.com/sites/katharinabuchholz/2022/11/11/the-worlds-biggest-diasporas-infographic/?sh=1b97a27c4bde

Guyana Poised to Post World’s Highest GDP Growth

https://www.bloomberglinea.com/english/guyana-poised-to-post-worlds-highest-gdp-growth/

Guyana Is the Most Exciting Story in the World Oil Market – Bloomberg

https://www.bloomberg.com/news/audio/2022-11-11/guyana-s-boom-into-the-world-oil-market-podcast

Gov’t ‘not comfortable’ with old oil contract but intent on doing better – Pres. Ali – News Room Guyana

ExxonMobil Guyana has invested over GY$3 billion in youth, women development: OilNOW

ExxonMobil Guyana has confirmed that its Corporate Social Responsibility (CSR) expenditure for the period 2015 to 2022 exceeds US$15 million (GUY$3 billion). Most of this investment has focused on transforming the lives of women and youth through comprehensive capacity-building programmes. For women, the company has led key programmes such as WeLead Caribbean which was devised to tackle the lack of business development and training opportunities for women in Regions Two and Three; and the Blue Flame Women’s Group which is focused on upgrades of the existing factory that produces cocoa sticks, coffee and cassava bread in Region One.

First audit on Exxon’s spending in Guyana, expected by year end | Loop Caribbean News

https://caribbean.loopnews.com/content/first-audit-exxons-spending-guyana-expected-year-end

Over 300 registered for City Chamber’s business forum opening today: OilNOW

Striking at the heart of issues impacting business in Guyana, the Georgetown Chamber of Commerce and Industry (GCCI)’s Business Development Forum opens today at 13:00 hrs, at the Pegasus Hotel Corporate Centre. President of the Georgetown Chamber of Commerce and Industry (GCCI), Timothy Tucker told OilNOW that all preparations are in place, with over 300 persons registered to attend. Given the high expected turnout, the GCCI will have a virtual platform in place to allow all registered persons to participate.

US firm picked for negotiations on gas to energy plantStabroek NewsOilNOWNews Room

-President says Guyana will own facilities, international company will operate

Cabinet yesterday issued a no-objection to a US firm being ranked  number one to build a 300 MW power plant fuelled by offshore natural gas – drawing the country closer to a project that will spew climate warming residues and be the most expensive public sector undertaking in Guyana’s history, replete with safety and other risks. President Irfaan Ali made the announcement of the ranking via a video statement on the Office of the President Facebook page.

Guyana to build 300-megawatt power plant that will cut electricity bills in half – CNW Network

Indian company secures US$22M consultancy contract for Wales power plant: Guyana Chronicle

ENGINEERS India Limited (EIL) has secured a US$22 million contract to provide consultancy services for the construction of a 300-megawatt combined-cycle power plant and natural gas liquids (NGL) plant at Wales, West Bank Demerara. India’s Minister of Petroleum and Natural Gas and Minister of Housing and Urban Affairs, Hardeep Singh tweeted on Thursday: “As part of this US$22 million assignment, EIL will provide Consultancy Services for setting up the integrated plant, and managing the engineering, procurement and construction of the project on behalf of the Guyanese government.”

Guyana’s economic climate very promising – US Ambassador – Guyana Times

Capitol News: As part of the transformative and innovative direction of Guyana’s economy, the Centre for Local Business Development and ExxonMobil on Tuesday hosted day one of the Guyana Supplier Forum at the Leonora stadium.

Centre for Local Business Development reposted Exxon Mobil’s wrap-up post on the Supplier Forum 2022. 

MTV News Update – 13:37: Guyana 2022 Supplier Forum concludes

NCN: CH4 GUYANA INC, AND LYNDSAYCA INC SELECTED TO BUILD 300MW POWER PLANT – President Ali

Guyana takes a giant leap towards realising the gas-to-shore energy project.

Cabinet today granted its no-objection to the company selected to the build the plant.

News Room: The Government of Guyana through the Cabinet on Thursday issued its no objection to the construction of the 300 megawatts natural gas-fired power plant as part of the Gas-to-Shore project at Wales, West Bank Demerara. CH4 and Lindsayca, one of five companies that submitted bids in September, 2022 to build the combined cycle power plant and natural gas liquids plant were given the government’s approval, President Dr. Irfaan Ali said on Thursday on a Facebook live.

News Source: Local Content Policy Under Constant Review

OP-ED ‘Commander-in-Chief’ Routledge on ‘right government’: Kaieteur News by GHK Lall

Many times, we think we have heard everything and seen everything.  I have been there, especially when the area that stands before is either the politics of Guyana, or the social environment of Guyana, involving fellow Guyanese.  Things can be so interesting -a carefully chosen word.  There should be keenness in noticing that the first focus is on Guyanese.  Then, the startling came, and it was not from a Guyanese consumed by the regular narrow arc of thinking, but from a foreigner.  A powerful and most influential foreigner, a fellow American, who jumped headlong into the local fray.

Universal cash grant the way to go, affordable: Kaieteur News (Letter to the Editor) by Ronald Bostwick

It is an uncomfortable truth that the ‘haves’ view the ‘have nots’ with a socially conditioned disdain – not a Guyanese thing but a human reality… In fact, the coming online of Yellowtail in 2025 will make Guyana the world’s largest per capita producer (Oil Now, 16 August 2022).Guyana has a National Resources Fund (NRF). The purpose of an NRF, the more generic term being Sovereign Wealth Fund, is to preserve the wealth derived from current exploitation of an exhaustible national resource, by investing in stocks and assets usually abroad, so that by this diversification future generations will yet benefit long after the resource is exhausted.

Centre for Local Business Development posted: Halliburton has released an EOI for Customs Brokerage Services. Deadline for submission is November 24, 2022. #CentreGuyana #GreaterGuyanaInitiative #Halliburton

Centre for Local Business Development posted: Save the Date and RSVP! SBM Offshore Guyana invites local companies to attend one of two Vendor Compliance Sessions they will be having at the Centre for Local Business Development on November 15. During these sessions, you will learn about the compliance requirements to become and SBM vendor. Email cecil_maxwell@dai.com to register and reserve your space. #CentreGuyana #GreaterGuyanaInitiative #SBMOffshore #VendorEngagment

Can Guyana Avoid the Oil Curse? By Jerry Haar & Cristina Caus

Ramps Logistics wins judicial hearing for Guyana Local Content Certificate  | OilNOW

Ramps wins court battle for local content certificate – Stabroek News

Guyana prioritising ‘green’ investments amid oil boom – Guyana Chronicle

Consider extending CO2 emissions charge from excess flaring to carbon sequestered in every barrel of oil produced – Stabroek News

https://www.stabroeknews.com/2022/11/06/opinion/letters/consider-extending-co2-emissions-charge-from-excess-flaring-to-carbon-sequestered-in-every-barrel-of-oil-produced/

An Upstream Carbon Tax at the Wellhead in the Guyana-Suriname Basin | Institute of Commonwealth Studies

https://commonwealth.sas.ac.uk/blog/upstream-carbon-tax-wellhead-guyana-suriname-basin

President expresses disappointment over lack of action by Private Sector in taking full advantage of business opportunities – Guyana Times

Ali upbraids private sector for not capitalising on new opportunities – Stabroek News

President blazes private sector for failing to readily snatch new opportunities – News Room Guyana

Easier investments with single-window system ready by year end – News Room Guyana

Single window approval for construction permits by year-end – Pres Ali announces – Guyana Times

Banks need to ‘get up off their tush’ and tackle access to finance issues – GCCI Head | OilNOW

PSC Chairman perceives upswing for private companies from oil money – News Room Guyana

As ANSA McAl continues to spread its wings in Guyana… company discloses investment plans in river transport, beverage manufacture – Stabroek News

https://www.stabroeknews.com/2022/11/11/business/as-ansa-mcal-continues-to-spread-its-wings-in-guyana-company-discloses-investment-plans-in-river-transport-beverage-manufacture/?utm_source=whatsappbtn&utm_medium=whatsapp&utm_campaign=whatsapp_send

Jagdeo leads discussions to deepen Guyana/ UAE relations – News Room Guyana

Cyber security agreement signed between Guyana, UAE – Guyana Times

Esequibo, part of the Venezuelan colony, claimed Caracas in Guyana

Jamaica To Benefit From Electric Mobility, Green Hydrogen Programme | RJR News – Jamaican News Online

http://radiojamaicanewsonline.com/local/jamaica-to-benefit-from-electric-mobility-green-hydrogen-programme

Barbados-Based Logistics Hubs To Support Caribbean Food Security

https://www.forbes.com/sites/daphneewingchow/2022/10/30/barbados-based-logistics-hubs-to-support-caribbean-food-security/?sh=6cca0c7916bc&mkt_tok=NjU5LVdaWC0wNzUAAAGIC1RkwQzrGI4qVTXZIaGPanM9okBGrYFJln_HF9dA6UdCGxJWR5MqG2BAQDNmkAPfqj-eC69X7THTeSrOtiaydFm_rivBPiCwhMoRGZ3BaA

Courtesy Manchestertrade Inc.